General Mills raises dough

Grupo Bimbo
By Frank Jackman
10 Jan 2020

US food group General Mills sold €200m of short dated notes on Wednesday, in its first sole-led deal since 2017.

It printed a €200m November 2020 (nine month) zero coupon note via Deutsche Bank. The issue price was not disclosed.

The deal follows General Mills' €600m six year public issue a day earlier.

“This is a very short deal from an unusual name,” said an MTN banker. “There’s ...

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